Thanks. The current sell limit on NZDUSD (in shapran's trading account) doesn't appear to be triggered by the MOT rules in post 1 Edit: Sorry misunderstood rules... on the same page now!

shapran, what timeframe do you use for MOT?

...using your rule of 1% risk, that is

Using Baby Pips position size calculator and Account Currency as USD $10,000: AUDNZD (using NZDUSD Bid price = 0.69815) : 0.9362 Lots or... 0.94 Lots AUDJPY (using USDJPY Ask price = 112.386) : 0.5763 Lots or... 0.58 Lots I could keep going but you ...

Thanks caldera for this super indicator tool!

bass, check out posts from 127 onwards

Note that the Asian session was relatively flat, although there could be a chance for a long as it started dipping well before the 15 minute window.

Does anyone else see gold going for 1332 on 4hr?

Hi KiwiOz, Thanks for that example above in reply to geomoon, but I haven't yet been able to figure out how you draw the blue lines. Especially the vertical blue lines, they have really teased my brain LOL! The purple lines I do get how you draw ...

In the original EA, it also waits until the absolute value of the biggest loser dollar loss is more than the ProfitPct. So, in your case it would trim and reverse the biggest loser when all buys and sells have grouped AND the biggest loser dollar ...

Be that as it may, this is what I see from the onset: 1. Opening real trades that will result in instant small DD. 2. Trimming the biggest loser of the real trades (when conditions are met), resulting in small loss of balance. 3. Opening a trade in ...

Hi MetaCoder, It's been a long time, hope everything is well. I have a question: Why are you opening real trades when you are opening Phantom trades? Since the real trades form a synthetic hedge, along with proportional lot sizing, the initial 6 ...

Thanks nino, I think I understand what you are trying to say, but are you able to clarify further step-by-step with a trade example? I understand what you've laid out in post 1, but as for the trigger for taking a trade, I am unclear.

Hi xlitang, You don't need to place any orders at level 6 as they will just cancel each other out anyway. e.g. sell stop 0.03 + buy limit 0.03 = 0.00 lot exposure EDIT: I'm wrong, it will be 0.00 exposure, until one of those orders hit TP Also, ...

No, I haven't tried cycle life, but please, explain what you are referring to.

I'd like to see where you're going with this, I have tried many pair trading systems in the past on this site but without consistent results.

My testing of this system is doing alright with the xxx/JPY pairs today, namely: GBP, USD, CAD, EUR EDIT: I did get stopped out (or I closed the order earlier than expected on the EUR/AUD, AUD/USD and NZD/JPY pairs. News was a factor for the AUD ...

Yes you are right, thanks for clearing that up for me.

I'm referring to Evaluator's post #28

Looking forward to this because I am seeing divergence with MT4 OBV and PA, but Evaluator says that this should never be the case.